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StevenBendre

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  1. StevenBendre
    The simplest way to earn some bucks in forex trading is different from one trader and another because there are different styles among all traders. If you are short-term trader, so it's better to use short time frame, high lot size but still with good money management.
  2. StevenBendre
    Well, I usually follow and put the money to the professional and proven traders who have good plans and strategies in forex trading here. This way is much better than to trade forex on my own. But I still have to learn more and more to be able to depend on myself.
  3. StevenBendre
    With the demo contest we can actually learn how to get the most profit using the strategy that we have and how we can prevent losses so that in the end when we had to start trading using a real account can be properly read price movement and establish the position of trade.
  4. StevenBendre
    About robots disadvantages, robot is very expensive and also it also has expire date to use. Maybe in 3 months we can get profits, but after that when market goes in other way, robot can't predict the right condition to open trade. Then you almost will lose.
  5. StevenBendre
    I see that most traders like me are trying to find this type better earning strategy, but who need the money that they are getting as profit for their household they should not use it, But for those who are earning and save to their bank account it could be perfect option to earn better and save the better earning as saving account.
  6. StevenBendre
    About me, I prefer to open an online currency dealing trial account with any broker and plunge into the world of exclusive dealing, which will become your learning base for the next several months. That will get you with less risks I think.
  7. StevenBendre
    Well, getting greedy with our trades can result in some bad losses as I have come across such situations several times in my career. Trading is something we should be dealt with a good trading strategy and with cool mind.
  8. StevenBendre
    If a trader trade just with luck his trading life will be very short. We always need a stable strategy which can help us to make a living with forex. That is why the first step is education and then experience and when you have enough experience then the skills will get improved.
  9. StevenBendre
    There are many risks that can be mitigated to a point where they are insignificant, but never totally eliminated. You can never run from commodity price risk, which is the classic problem with forex trading, that's the basic risk you are taking when buying any asset on the market, but what one can do is either manage it, mitigate it, or transfer it somewhere else.
  10. StevenBendre
    It is depend on the person itself, as for me I don't trade everyday, but I am trading at least 2 days in a week and mostly trade about 3-4 days per week, it also help me to gain more knowledge and some profit from my trading, and position I don't know how much position I open every time I trading.
  11. StevenBendre
    About my own, I am not a full time forex trader, but I have to spend most of my time on my work in the daylight, so I just spend less than three or four hours on forex per day, now I choose long term to trade, so there is no need for me to sit in front of screen.
  12. StevenBendre
    Well, talent can be self-earned. There are lots of traders that have worked hard to get where they are now and it has worked to their benefit because they have become successful in the process. You can have the talent but not be able to use it productively in your work.
  13. StevenBendre
    About my own, I see that most of forex traders will go for live mentor. Live mentor is the one which will show me simple steps to trade. He will point out mistakes to me, why the online mentor will only be there to answer questions.
  14. StevenBendre
    I don’t think so. You will always come up with that if you don't know what you are doing because just like gambling you are just relying on luck, and not to your skills. The best thing you can do is to trade using a demo account because forex trading is not a gambling.
  15. StevenBendre
    For sure we can invest our funds in trading forex especially when you are such a good trader. Just open some trades for long term if you want good and long profits, it may cause you loss too but trade small amount with big capital, then you will have more chances of earning.
  16. StevenBendre
    To achieve the target profit per month is required to have a large capital so that the target can be realized. But not only capital but how that we do not experience a loss so our monthly profit target can be achieved, and therefore we have to really know and understand how to implement trading strategies.
  17. StevenBendre
    I think that usually newbie traders suffered many losses in real account although they could make good profit in demo account. it is because demo account is really different with real account. Also the psychology is different here and then because we underestimate real account after we succeed to earn many profits in demo account.
  18. StevenBendre
    Clearly free no deposit bonus is really useful. Especially for beginner who need practice in real account without necessary to worry about loosing money. For experienced trader, no deposit money bonus is opportunity to get income without necessary to spend their own money.
  19. StevenBendre
    Actually it is not a rule. but in start there were always a chance that you will lose, because of your nervousness of entering first time, but its not essential that you will lose money on first time maybe you will earn some good profit but most important is that how to continue this.
  20. StevenBendre
    I see that we can also apply the wisdom that has been used in Hyip to forex and this is "Invest only what you can afford to loss". Remember that forex is an investment and in an investment there is a risk. So start only in what you can afford and increase it if you have more.
  21. StevenBendre
    I think that Robot is good as they save your precious time for placing the orders and watching the market. But to be successful one should have good knowledge of forex and should apply whenever the true profit needed will come only when machine and mind work together in a smart way.
  22. StevenBendre
    I see that there are many mistakes belong to Newbie. One of those mistakes, most newbie gets a few fortunate investments and they think that the industry will always increase up so they spend everything in just one place, one hundred percent of the investment.
  23. StevenBendre
    It's so puzzling but for me I will prefer forex. But I really need to learn about it because I have no experience on it, the reason I prefer forex that you control your earning by your self and safe. Not like Hyip that is very risky way and the site you use me turn scam at any time without any notifications.
  24. StevenBendre
    Well, I have not tried using a demo account before nor I have tried real forex before. I read something about their difference though and it just not about the pressure alone. There are certain things that actually are different from the demo compared to the real forex account. But still pressure is one of the most.
  25. StevenBendre
    Well, I think that demo account is a good way to test your broker terminal before you put your money. Select the leverage and the balance in the demo account similar to the actual amount you are going to invest in forex, So that you can access your progress.
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